date:Oct 30, 2012
ion of UK-based Daniels Group.
In addition, the acquired grocery brands will be combined to form a new Ambient Grocery Division, which will supply products to leading food retailers, food service, business-to-business and export companies in the UK.
Premier Foods has been struggling with a debt of 1.3bn, which was built up through acquisitions of several brands including Homepride and Fray Bentos. To lower its debt, the company announced in October 2011 that it would focus on eight 'power bran